Tuesday, 27 January 2015
Last updated 6 hours ago
Oct 19 2012 | 10:56am ET
Windsor, Conn.-based SS&C Technologies Holdings has made another acquisition.
The financial services software and services provder has bought the boutique, Texas-based hedge fund administrator Hedgemetrix.
The acquisition follows SS&T's earlier purchase of the hedge fund administrator GlobeOp and the new firm—including 10 employees and 20 customers—will operate as part of the SS&C GlobeOp business.
HedgeMetrix was founded in 2002 by Layton and Jacqueline Freeman.
SS&C Technologies chairman and CEO Bill Stone said of his firm's latest acquistion: “SS&C GlobeOp increases our footprint in the south and is an important part of our growth in the United States.”
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…